Market Update

The U.S. central bank is widely expected to lower its benchmark interest rate twice more before the end of the year, signaling a shift in focus toward supporting the job market despite lingering inflation concerns. This forecast, gathered from a recent survey of economic experts, suggests a quicker pace of …

Bitcoin staged a powerful comeback on Tuesday, climbing back above the $113,000 mark after briefly dipping below $108,000 earlier in the day. The rebound came just as gold prices suffered their steepest one-day drop in more than five years — a 5% slide that erased much of the precious metal’s …

Canada’s Consumer Price Index (CPI) edged higher in September, signaling a modest uptick in inflation and complicating the outlook for future monetary policy decisions by the Bank of Canada (BoC). According to Statistics Canada, the CPI rose 2.4% year-on-year, accelerating from 1.9% in August and slightly exceeding market expectations. On …

Oil prices rebounded modestly on Tuesday, recovering from their sharp decline in the previous session as traders assessed signs of an oversupplied market and monitored ongoing developments in the U.S.–China trade dispute. At 10:19 GMT, Brent crude futures rose 52 cents, or 0.84%, to $61.52 a barrel, while U.S. West …

U.S. stock futures dipped slightly on Tuesday, pausing after recent gains as investors awaited a busy day of corporate earnings and monitored signs of progress on both the government shutdown and U.S.–China trade relations. By 05:55 ET (09:55 GMT), Dow Jones Futures were down 35 points (0.1%), S&P 500 Futures …

European equities opened broadly stable on Monday, as investors balanced cautious optimism over easing U.S.–China tensions with a steady flow of corporate earnings results and major political developments in Asia. At 03:10 ET (07:10 GMT), the DAX in Germany and the CAC 40 in France each slipped 0.1%, while the …

Gold prices retreated from record highs in Asian trading on Tuesday, pressured by profit-taking and early signs of easing U.S.–China trade tensions that weakened demand for the metal’s safe-haven appeal. At 02:27 ET (06:27 GMT), spot gold slipped 0.8% to $4,322.95 per ounce, retreating from Monday’s all-time high of $4,381.21. …

Bitcoin extended losses on Tuesday, reversing a brief weekend recovery as crypto markets failed to follow the broader rally in risk assets driven by easing U.S.–China trade tensions and upbeat sentiment across Asian equities. At 01:43 ET (05:43 GMT), Bitcoin dropped nearly 3% to $107,712.3, marking another session of weakness …

The US Dollar (USD) is currently mired in a period of intense uncertainty, trapped between two powerful, contradictory forces. On one side, the market faces a near-total information void from the Federal Reserve, which is deep into its mandated “blackout period” ahead of its upcoming policy meeting on October 28-29. …

The new trading week has opened with global markets locked in a state of unsettling indecision, characterized by alternating gains and losses for the U.S. Dollar (USD). This market schizophrenia is not accidental; it is the direct result of a vacuum of fundamental information, forcing traders to rely heavily on …